"We are currently working on preparation of documents. We are preparing thank you notes, confidentiality/non-disclosure/non-compete agreements, background data, and business plans and proposals for the Hay Mountain Project and the Mine Finders program, and are preparing letters of intent and memoranda of understanding, which we believe will lead to one or more investments in our proposals.”

Regarding the LOI and MOU:

Is there given a deadline to possible partners?

Something like " august 15 is the last day to submit, then we choose the best 1"

Or does the first 1 to reply getting the JV?

I'm a novice in this matter...

TIA